Sibiu – Urban Transport Project – Phase II Upgrade and refurbishment of streets along public transport routes

The City of Sibiu (the “City” or “Sibiu”) has applied for a loan from the European Bank for Reconstruction and Development (“EBRD”) of EUR 11.5 million to upgrade and refurbish streets mainly located along public transport routes in the City and the construction of a new bridge. The proposed project has an estimated total cost of EUR 14.07 million, and is intended to be financed by the loan from the EBRD and the city of Sibiu.
The investment programme will be implemented over 3 years and require the procurement of works for refurbishment of 34 streets and the construction of a bridge.

Contracts to be financed with the proceeds of a loan from the EBRD will be tendered in accordance with the EBRD’s Procurement Policies and Rules and will be open to firms from any country. The proceeds of the EBRD loan will not be used for the purpose of any payment to persons or entities, or for any import of goods, if such payment or import is prohibited by a decision of the United Nations Security Council taken under Chapter VII of the Charter of the United Nations or under a law or official regulation of the Purchaser’s country.

News source: EBRD link: article